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Old 13th January 2015 | 22:06
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inputshaft
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Joined: Nov 2004
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From: USA
terminus mos

Your post practically begs the question on my favorite subject.

Has the Bristow Falklands contract been considered for cancellation? That would have to be a prime candidate for cost cutting, due to the logistical expense of any South Atlantic oil exploration and possible production.

There would probably be huge penalties paid at this stage for cancellation of the rig and aviation support. However, no sense in spending good money after bad, if the medium term outlook for oil prices makes the South Atlantic oil fields economically unviable.

Last edited by inputshaft; 13th January 2015 at 22:27. Reason: appalling pre-coffee use of English
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